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Search Results 0 to 25 of about 26 (some duplicates have been removed)
to raise the debt ceiling. everybody fr everyone agrees. this is big for the republicans. never done before with a long-term budget plan to bring down the deficit. now everybody agrees also there has to be a balanced approach. they agree to $1.6 trillion in cuts and what the president is saying is there's $400 billion in tax subsidies. tax give ways, as al you mentioned, tot hedge fund managers, that we can no longer afford. now if republicans don't buy that, as david brooks said nothing in the new york times, they are idiots. they don't know how to govern. they won. they ought to take this deal. >> mr. brooks, conservative columnists, is saying come on. you are marginalizing yourself. can't even you even hear from your own people that ideal logically agreed with the republican line. >> well, look, reverend sharpton, you showed some polls a minute ago that showed 70 or 8 30ers don't agree with republican owns this or that or the other thing. if the republicans are standing up for their convictions and beliefs against the tide of public opinion, it may be political courage an political decis
matthews down in washington. leading off tonight, too big to fail? here are the two things to take away from mitch mcconnell's offer. one we are no longer looking at democrats versus republicans or liberals versus conservatives. this is a fight between the leaders and protesters, people who are responsible for america's financial health and those who never have to worry about an election. second, money talks, b.s. walks. when major financial groups told the gop that default was not an option, they suddenly saw the light. as phil graham once said -- -- we learned that many on the right only pretend to care about the debt. what they care about is shrinking government and lowering taxes. tonight we're going to put a spot light on the unsupported republican claim that somewhat higher taxes for the better off means fewer jobs for everyone. also, the rupert murdoch scandal has claimed another victim. murdoch has dropped his bid to buy british sky broadcasting tonight. will it threaten his holdings here in the states? >>> the latest poll on republicans may show that mitt romney is in more trou
to rein in big government spending and prevent tax increases. >> the majority of the house has to approve spending and that's tremendous leverage. we should use it. >> a political analyst says it has an impact on how far g.o.p. speaker john boehner can go in debt negotiation. >> the existence of the freshmen linked creditability to john boehner when he says there are not enough votes for tax increase. >> reporter: president obama is also feeling the pressure from the left flank saying that social security and medicare may need modification to sustain them for the future generation. >> if there is a reasonable deal to be had on it, one i'm willing to pursue. >> that got a strong pushback from nancy pelosi and other liberals. >> today, the democratic women of congress have come together to send a clear message. we must protect medicare and social security. we will not support cuts. >> reporter: if there are cuts to the program in a final deal, it will be a tough sell to the president with the liberal base, which sees itself as cardigan of the entitlement. molly henneberg, fox news. >> shann
into a full-time job and eventually led to her relationship with murdoch. >>> now to potentially big, big news in washington. debt talks, big news and a very significant step forward today, says president obama, just a short time ago. the president announced the so-called senate gang of six made of members from both parties has floated this new proposal that he, the president, can work with. the bipartisan group had thrown in the towel, ditched an earlier effort to find a debt reduction package okay to both parties and now at this late date 14 days until a potential government default. they're back with a plan that the president says includes deep spending cuts and, yes, also includes tax increases. here's the president. >> here's where we stand. we have a democratic president, an administration that is prepared to sign a tough package that includes both spending cuts, modifications to social security, medicaid, and medicare that would strengthen those systems and allow them to move forward and would include a revenue component. we now have a bipartisan group of senators who agree with that ba
save hundreds! yeah, that'll certainly stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. >>> 15 days until the treasury says it will run out money. a tea party leader says don't raise the debt seeing and he says president obama is lying about the consequences if we don't. "keeping them honest" about what many republicans believe is central to solving the long-term problem. a constitutional amendment to balance the budget. they vote on "cup, cap and balance." cutting spending to 2004 levels and caps it and freezes it right there and calls for a balanced budget amendment to the constitution. >> all that we ask in this bill is that we simply allow the states to weigh in, should the federal government live under a balanced budget amendment. should they do that? >> i don't understand why people won't vote for the a balanced budget amendment because it's the only discipline that will ever force the politics of washington to meet the responsibilities of washington. >> let's do somethi
in chicago. 105 in kansas city. 108 in houston, texas. we have this big dome or big area of high pressure that's been sitting over the nation's mid-section in the east just baking. that's where you're seeing this heat building. this stretches miles into the atmosphere and that's why we call at it dome. it looks like those covers you put over your dinner plate. it looks like that. that cooler air finally drift southward. that's why we're seeing showers and thunderstorms along the cold front but make it feel better and boston and say new york city as we head into tomorrow. let's do show you a couple of those thunderstorms. here's our radar map to see where they have been blowing on through across the upper midwest, throughout the great lakes and cleveland just about to get hit there as well. a few of these thunderstorms can be severe, ton. mainly wind makers and maybe some hail. >> thank you, jacqui jeras. we have some developing news for you. working in washington where lawmakers and president obama are trying to reach a deal on raising the debt ceiling. there could possibly be some moveme
quayle, so many others, the former hewlett-packard ceo. it gets better, it gets big. >> this is the fox nooks alert, a final house vote on speaker boehner's plan is set to happen shortly. keep it here. we'll bring you the live vote as it happens. hello, everybody. this is 5:00 on the east coast. this is "the five. we've got a lot to cover tonight. first an outrageous comparison in the "new york times" between the tea party and hezbollah. we have thomas friedman's shameless comments ahead. plus a 2012 round-up, and why michele bachmann is hoping rick perry doesn't throw his hat in the ring. and this, julia roberts banned in the uk. we'll they you why. those stories and much more. "the five" starts right now. we're waiting on the host to hold a final vote on the boehner plan. quickly the highlights of the plan. the plan will cut and cap discretionary spend buying $917 over the next ten years, and louvre the debt ceiling to rise by $900 billion immediately. but this one, very importantly, no new revenue, no tax increase. after the bill passes, which i think it probably will, the democrats
. will they go for true believe fler 2012 or big bucks? they're facing with twice michele bachmann and mitt romney. he's got the bank roll but she's the true believer. who wins? and a fight over abortion ritsz. kansas approved new regulations for abortion clinics regulating everything from the drugs they stock to the size and temperature of procedures in recovery rooms. supporters say the new rules will protect patients but critic sas they're a thinly veiled attempt to shut down abortion clinics. and actor gary sennese, known for lieutenant dan in "forrest gump" he's made a movie. here tonight to talk about the film and a new way you could help wounded service people. finally, imagine -- john lennon, a reagan democrat? that's what his one-time personal assistant recalls. check out the "sideshow" tonight. we start with the economy. senator richard durbin, democrat from illinois and senate majority whip. thank you for coming on "hardball" tonight. new york senator chuck schumer on the republican's motivation. listen to him first. >> we need to start asking ourselves an uncomfortable question.
a little bit about the big month coming up in iowa in august. there's a lot going on in the gop primary. kenya handicap the race for us, and specifically handicap the straw poll, as you see it now, a couple of weeks out? >> first of all, it is a very fluid situation. last time, romney won the strong pull, but the iowa caucus was won by huckabee. things are wide open, and romney is not competing. he is the national front runner, but not competing. so you have a wide open situation. congressman michele bachmann was born and raised in iowa. i think she got off to a good start. governor pawlenty, although we has not done well in the polls, may surprise people. he may do better than expected. also, ron paul is going to be competitive in this. herman cain. rick santorum. recently, rick perry. although he is not on the ballot, there is an effort to get right-in votes for him -- write-in votes for him. again, the straw poll is not the caucus. i expect it will be an open and fluid situation, and obviously, people will do better than expectations. could give them a real boost for the iowa caucuse
without as well. -- washington, d.c. as well. >> i want to talk about the big month coming up in iowa in august. there's a lot going on in the g.o.p. primary. can you handicap the race for us a little bit in iowa and specifically handicap the straw poll, as you see it now, a couple of weeks out? >> well, first of all, it's a very fluid situation. as you know, the last time romney won the poll but then the iowa caucuses was won by governor huckabee. since huckabee decided relatively late not to run, things are wide open. and romney is not competing in the straw poll. so, you know, the two -- romney is the national frontrunner but not competing in the straw poll. so you've got a wide open situation. congressman michelle bachmann was born and raised in iowa. i think she got off to a really good start here. governor pawlenty, the former governor of minnesota, although he's not done well in the polls, he may surprise some people i think he may do better than people expect. also, you got ron paul, who's going to be competitive in this. herman cane. rick santorum. just recently rick perry, a
. however there is disagreement over that point, big disagreement over that point. >> the other thing we'll be looking at is of course whether or not there will be issue with the credit rating. we'll talk about that. rebecca thanks. chris? >> thank you. >>> there is news of another arrest in the widening phone hacking scandal in britain. rupert murdoch is being pressured to appear before lawmakers in london and washington. dana lewis is in london good morning. >> reporter: good morning, we're hearing a ninth person has been arrested in the phone hacking scandal, the former executive editor of the "news of the world," but the late breaking news here this morning is the british government committee has just issued a summons for rupert and james murdoch to appear before them to answer questions about what they knew in the phone hacking scandal but legally there is a serious question over whether they can be compelled to appear. damage control in high gear rupert murdoch and son james in london trying to find a way to put out the fire. news corp shut out "nut of the
ceiling, pay its bills based on big-ticket items. that would be interest on the debt. social security, medicare and medicaid, defense spenders. more than $30 billion. unemployment insurance. what you'd get under the big-ticket scenario is a drawing off the line. that's your $172 billion. the government is out of money if you don't increase the debt ceiling. what gets cut? military pay. wouldn't get their checks under this scenario. veterans checks, irs refund. if you're waiting for one you wouldn't get it. nutrition services, foods stamps, wouldn't get paid. federal salaries, education department, other and you heard him mention foreign aid to the palestinians. you have to make the choices and cut it off right here. that's one way. suppose you decided instead we'll put a priority on the social safety net. under this scenario, interest gets paid, social security gets paid, medicare and medicaid and those nutrition services that got cut off last time, you could pay them. housing grants would go out. veterans affairs, unemployment, education and tuition assistance. but under this set of
that part of big government. final you have oil leases. if we examine end today the number of over shore lease -- if we extended the number of offshore leases it would help balance the budget. when clinton and gingrich worked out their deal, sale of spectrum, radio and cell phones back then was an important part of that revenue. you can shrink government and increase revenues at the same time. >> sean: you are bringing up creative, out of the box ideas at a time when the nation is going bankrupt this is not what they are discussing this is the problem. the president wants to increase taxes by a trillion dollars. you say he's not going to get it. it is not relevant, because that's what he wants. the president wants to gut defense at a time we have three wars going on. he wants to avoid structurally re any entitlement program. he won't give up on obamacare. -- the imaginary savings are based on phony accounting. ridiculous rosey projections flash flood the interest rates go up we lose all the -- projects if the from rates go up we lose all the -- >> he's pointing at a corporate jet while p
and congressmen don't get social security, they get really big pensions for life, so i don't think they really care whether anybody else out there starves. >> clearly, no one is taking this lightly. >> folks depend on it. rebecca, thanks. >>> there is news this morning of another arrest in the phone hacking scandal in britt. in the meantime, rupert murdoch is pressured to appear about lawmakers in london and washington. dana lewis is in london with more on this this morning. >> reporter: we are hearing a ninth person has been arrested. the former executive editor of "news of the world." the late-breaking news this morning is the british government committee issued a summons for rupert and james murdoch to appear before them to answer questions what they knew in the phone hacking scandal but legally a serious question whether they can be compelled to appear. did this control in high gear. rupert murdoch and his son james in london trying to find a way to put out the fire. in a matter of days, their company news corp shut down a newspaper "news of the world." withdrawn a bid for a pay television
to get the whole grain you want from your favorite big g cereals. from cheerios to lucky charms, there's whole grain in every box. make sure to look for the white check. with diabetes, it's tough to keep life balanced. i don't always have time to eat like i should. and the more i focus on everything else, the less time i have to take care of me. that's why i like glucerna shakes. they have slowly digestible carbs to help minimize blood sugar spikes, which can help ler a1c. glucerna products help me keep everything balanced. [ golf ubs clanking ] [ husband ] i'm good! well, almost everything. [ male announcer ] glucerna. delicious shakes and bars. helping people with diabetes find balance. >> shannon: we hear a lot about the august 2nd debt ceiling deadline. what happens if politicians fail to raise the ceiling. james rosen spells it out. >> debt to me is experience through the eyes of president obama himself and what what happens if he and lawmakers fail to raise the debt ceiling before august 2nd. as the president sits in the oval office and surveys what the nation takes in and also t
Search Results 0 to 25 of about 26 (some duplicates have been removed)